The launch of the Trump token, which hit a $15 billion valuation, rides the trend and raises questions. Axios reporter Brady Dale explains what a meme coin is and what owners can actually do with them.

The launch of $TRUMP and $MELANIA crypto coins has disappointed some in the crypto industry, who fear they amplify the sector’s sillier and scammier side.

Just days before Donald Trump’s inauguration as 47th president of the United States, the businessman-turned-politican launched his latest venture: a new cryptocurrency token.

Donald Trump launched $TRUMP cryptocurrency, a meme coin, days before his inauguration. It quickly reached over $32 billion in value. Melania has now launched her own.

President Donald Trump launched his own cryptocurrency on Jan. 17, just a few days before the fascist leader took office for a second time. And while the memecoin, known as $TRUMP, is clearly a way for the president to profit from the presidency,

The Official Trump (TRUMP.X) token – created by CIC Digital LLC, a subsidiary of the Trump Organization – fell more than 6% in the past 24 hours despite efforts to boost its adoption. Several websites selling Trump-branded products have started to accept the Trump memecoin for payment,

Trump supporters can now buy Trump-branded watches, sneakers, and colognes using the official Trump memecoin, as of January 29. Multiple online stores licensing Trump’s name—GetTrumpWatches.com, GetTrumpFragrances.

Trump-linked merchandise sites have started accepting Donald Trump’s meme token TRUMP for payments, increasing the altcoin’s real-world use cases. According to Bloomberg, individuals can purchase goods from Trump-branded websites using TRUMP.